The currency market
The currency (foreign exchange, Forex, FX) market is the biggest and fastest growing market on earth. Its daily turnover is almost 4 trillion dollars. The participants in this market are central and commercial banks, corporations, institutional investors, hedge funds, and private individuals like you.
easyMarkets® was the one of the first platforms that enabled users to trade Forex online without the need to download a software program. This allows registered clients to conduct deals, monitor and change their positions anytime, anywhere.
Online trading cuts out the need for intermediaries (such as banks).
Forex and derivative trading may be conducted in various ways. The most common type of trade is a Day Trade, though we also offers Limit Orders, Forwards (not in all countries) and Vanilla Options. These 4 instruments are described here briefly:
- Day Trading deals usually are opened and closed on the same day…read more
- Pending Orders are not a whole product of their own but a service offered as part of Day trading. This is where you nominate a rate at which you want to open a deal. When and if this rate occurs in the market, your ‘reserved’ deal is automatically opened. This saves you watching the market every minute to see whether the rate you want happens.
- Forward deals are settled on a date that is later than usua… read more
- Vanilla options can have limited downside risk and unlimited profit potential…….read more
Trading in Real Time
Trading software is designed to allow users to trade instruments online in a real time, secure, private and efficient manner. Rates are constantly changing and an online system displays the most up-to-date rates to the user.
easyMarkets® has web-based software which means all operations are performed on its website. The advantages to this system means no download of proprietary software, the ability to log in anywhere at anytime and a use-friendly interface offering you multiple analytical tools to help you make decisions when buying and selling.
easyMarkets® treats the issues of data security, privacy, integrity and backup with the utmost attention and care.
How do I start trading?
If you wish to trade using the easyMarkets Trading Platform, or any other, you must first register and then deposit the amount you wish to have in your margin account to invest. Registering is easy with easyMarkets and it accepts payment via most major credit cards, Fasapay, Neteller, Bpay® or Bank Transfer. Once your deposit has been received, you are ready to start trading.
What can I trade?
On the easyMarkets platform you can trade a wide variety of currencies, indices, commodities and vanilla options as CFD’s. Whether you have insights into agriculture, energy products, global currencies or equities, you can now get easy access to trade them. Trade CFDs with a low margin requirement (remember – with greater leverage comes greater profit or loss). CFDs provide an excellent alternative to suit a variety of trading styles or methods e.g. short or long-term investors can find the right product to complement their preferences.
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